2024 – Page 2 – Lydian Global Business Services Ltd – SAP and supply chain consultants who speak business, not buzzwords

21 Oct 24

Product Mix Planning Reality

Supply chain planning often begins with demand forecasting. Teams try to estimate how much of each product customers might buy in the coming months.

14 Oct 24

Inventory Mathematics Reality

Inventory management is one of the most heavily studied topics in operations research. Academic literature contains hundreds of mathematical models

07 Oct 24

Demand Forecasting Misplaced

Demand forecasting is supposed to estimate market demand. Customers in a region buy products. The forecast should therefore represent demand from that market.

30 Sep 24

Decision Sciences Rediscovered

Decision Sciences, often called Management Science in academic circles, has existed for more than half a century.

23 Sep 24

Weather Risk Contracts

Supply chain contract design has been studied extensively in academic literature and has found practical application in many industries.

16 Sep 24

Scarcity As Strategy

Business education usually describes corporate success through familiar ideas. Companies succeed by improving efficiency, forecasting demand accurately